New mortgage lending dips by 10%
10.6% fewer homemover mortgages completed in November 2019 compared to the same month a year earlier - although the decline "reflects particularly strong home-purchase activity in November 2018"
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Mortgage lending is ‘off to a strong start’ in 2019
The latest monthly update from UK Finance indicates that more home-movers and first-time buyers were active in the mortgage market in January this year compared to last.
Mortgage lending reaches a record high
Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England - smashing the previous record, set in March 2021, of £11.5bn.
Mortgage lending remains ‘relatively strong’
The number of mortgages for house purchases fell slightly from December to January, but is still well above numbers seen in the last decade.
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